On 25 April 2018, the ISDA published A practical guide to navigating derivatives trading on US-EU recognised trading venues. In particular the guide analyses the effect of mutual recognition on the order flow of trades executed on US and EU derivatives trading venues, highlighting benefits and pointing to areas where further US / EU alignment would be welcome. The guide is also intended to help market participants navigate the numerous regulatory requirements related to trading on recognised venues by providing answers to commonly asked questions.